401(k) · DOL Form 5500 · 2023

Medica Services Company LLC 401(k) Plan

Data updated 2026-08-11

$412M
Total assets: 2,697
Participants: 97th
Percentile by assets: $152,791
Avg per participant

Official DOL plan name: Medica 401(k) Matched Savings Plan · Sponsored by Medica Services Company LLC · Minnesota · Finance & Insurance

$412M in assets, 2,697 participants

Medica Services Company LLC's Medica 401(k) Matched Savings Plan reported $412M in total assets and 2,697 participants in its 2023 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

97th percentile by assets (of 127,072 plans)
#8,416 in Finance & Insurance (8,869 peers)

Coverage in Minnesota

Medica 401(k) Matched Savings Plan covers 2,697 participants in Minnesota, 2.4x the typical Minnesota plan (state average ~1,126 per filing). Assets: $412M.

$412M
total plan assets (2023 EOY): 2,697
covered participants: 97th
percentile by assets (of 127,072 plans): $152,791
avg assets per participant

Where Medica 401(k) Matched Savings Plan sits by total assets

Medica 401(k) Matched Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$412,078,405 Top 3% higher than 97% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Medica 401(k) Matched Savings Plan reported net income rose from -$64M in the plan year 2022 filing to $100M in the plan year 2023 filing.
Medica 401(k) Matched Savings Plan reported participants rose from 2,043 in the plan year 2022 filing to 2,697 in the plan year 2023 filing.
Medica 401(k) Matched Savings Plan end-of-year assets rose from $312M in the plan year 2022 filing to $412M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Minnesota

Industry

Finance & Insurance

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Medica 401(k) Matched Savings Plan reports 2,697 participants - 2.4x that state average ($412M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)	$312M
Net Assets (End of Year)	$412M
Net Income	$100M
Employer EIN	852902940
Plan Effective Date	2002-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Medica Services Company LLC)

Total plan assets by year, all Medica Services Company LLC plans on file

Year	Plans	Participants	Total Assets
2022	1	2,043	$312M
2023	1	2,697	$412M
2024	1	2,726	$455M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Medica 401(k) Matched Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
Target Corporation 401(k) Plan $13.0B · 432,617
Medtronic Savings and Investment Plan $12.9B · 44,342
3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
U.S. Bank 401(k) Savings Plan $10.3B · 75,272

Compare Medica 401(k) Matched Savings Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Medica 401(k) Matched Savings Plan by total assets, not by location.

Schweitzer Engineering Laboratories, Inc. 401(k) Plan (WA) $412M · 4,124
West Bend Mutual Insurance Company Employee Savings Plan (WI) $412M · 1,554
Fanuc America Corporation Savings Plan (MI) $412M · 1,384
Domino's Pizza 401(k) Savings Plan (MI) $413M · 6,597

Frequently Asked Questions

How did Medica 401(k) Matched Savings Plan assets move in 2023? ▼

Medica 401(k) Matched Savings Plan surged - up 31.9% during 2023, from $312M to $412M. Reported net income was $100M.

How have Medica Services Company LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Medica Services Company LLC's sponsor-wide assets grew 45.6%, from $312M to $455M.

Where does Medica 401(k) Matched Savings Plan rank by assets among Form 5500 filers? ▼

Medica 401(k) Matched Savings Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Medica 401(k) Matched Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Schweitzer Engineering Laboratories, Inc. 401(k) Plan in WA ($412M, 4,124 participants).

Next read for Medica 401(k) Matched Savings Plan

Filing takeaways

Ways to act on Medica 401(k) Matched Savings Plan's numbers.

By total assets, Medica 401(k) Matched Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
Medica Services Company LLC's sponsor-wide assets have grown 45.6% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 852902940.